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KSH Infra plans industrial, logistics-focussed fund

New Delhi, April 28 -- Sustainable industrial and logistics infrastructure developer KSH Infra is planning to set up an alternative investment fund (AIF) to invest in assets across western and souther... Read More


Kedaara Capital bets on Axis Finance at over $1.5-bn valuation

New Delhi, April 27 -- Private equity firm Kedaara Capital is investing Rs 750 crore ($79.6 million) in Axis Finance Ltd, in a transaction that values the non-banking finance company around Rs 14,764 ... Read More


PE-backed Unimech Aerospace to acquire engineering components maker

New Delhi, April 23 -- Unimech Aerospace and Manufacturing Ltd has signed an agreement to acquire tubing and precision-engineered components manufacturer Hobel Bellows Co. for Rs 450 crore ($48 millio... Read More


Bay Capital hires former Naspers, Delhivery execs for new late-stage fund

New Delhi, April 9 -- Mumbai-based investment firm Bay Capital Partners has appointed partners for its newly launched Digital Opportunities Fund, which will invest in late-stage digital and technology... Read More


Blackstone-backed EPL to merge with Indorama firm Indovida in $2-bn deal

New Delhi, March 30 -- Mumbai-listed EPL Ltd, one of the world's biggest manufacturers of laminated tubes, has agreed to merge with Indovida, a plastics packaging company backed by Thailand's Indorama... Read More


Sula Vineyards buys Louis Vuitton unit's Nashik estate

New Delhi, March 26 -- India's largest wine producer, Sula Vineyards, has agreed to acquire Moet Hennessy India (MHI) Private Ltd's Nashik estate for Rs 20 crore (approximately $2 million) to bolster ... Read More


KKR to invest $310 mn in PMI Electro's e-bus platform Allfleet India

New Delhi, March 18 -- Private equity firm KKR said it would invest $310 million (approximately Rs 2,865 crore) in Rewari-based electric commercial vehicle manufacturer PMI Electro's e-bus platform Al... Read More


QSR chain Burger Singh raises Series B funding from Artal Asia

New Delhi, March 18 -- Homegrown burger chain Burger Singh has raised Rs 82 crore ($8.9 million) in a Series B funding round led by Singapore-based investment firm Artal Asia. Existing investor Negen... Read More


US cosmetics major Estee Lauder to fully acquire India's Forest Essentials

New Delhi, March 5 -- US-based cosmetics maker The Estee Lauder Companies Inc. will acquire the 51% stake it doesn't already own in Indian personal care and beauty brand Forest Essentials, the compani... Read More


Blackstone controlled-IGI to buy US gemstone testing firm

New Delhi, Feb. 2 -- Diamond certification firm International Gemmological Institute (India) Ltd has struck a deal to acquire US-based gemstone testing company American Gemological Laboratories (AGL) ... Read More